What Is One Major Motivation for Companies to Source Sustainably

question 41

Multiple Choice

What is one major motivation for companies to source sustainably grown palm oil?

• A)The palm oil is cheaper.
• B)The palm oil tastes better.
• C)Their customers demand sustainably grown palm oil.
• D)Their customers demand cheaper prices on palm oil products.
• E)The government requires them to.

Recognize the importance of compliance training and how it differs from job performance training.

Understand the significance of aligning training plans with business strategy and stakeholder involvement.

Identify the drawbacks and limitations of task analysis and how they can impact training effectiveness.

Appreciate the importance of a comprehensive approach in collecting data for needs analysis.

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Definitions:

Actual Costing System

A costing method that assigns costs to products based on the actual costs of direct materials, direct labor, and overhead incurred.

Direct Material Price Variance

Direct material price variance measures the difference between the actual cost of direct materials and the expected (or standard) cost, indicating how well a company manages its material costs.

Actual Price

The real or transacted price of a good, service, or asset, usually the amount of money exchanged in the sale.

Standard Price

A predetermined price established by a company for a product or service, used for budgeting and cost control purposes.